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Listing ID: 727 Total Viewed: 2067

Established F&B Business For Take Over Or Joint Venture

Singapore

Asking Price : SGD1M - 5M

Revenue: SGD100K - 200K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2002

Gross Profit: Not Disclosed

Inventory: SGD300,000

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: SGD200,000

Staff: 29

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
Moving on with other business since we have brought this biz to a level whereby it is already in motion.
Business Description
More than 11 years in business and moving on to another business since achieving what we have set out to do (meet up to clarify on this).

1. Full set up (staffing, equipments & proper licenses) with outlets (all in big/reputable malls) & central kitchen (AVA license) attaining HACCP & Halal certified.

2.  Currently supporting events/functions/parties/gathering etc other than supporting own outlets.

3.  Distribution to convenient stores, cafes & clients.

4.  Acting as a Franchisor with enquirers to set up in overseas (can issue master or regional franchisor’s fee in millions) thus earning franchisee’s fee & royalty etc.

4.  Own delivering team and refrigerated trucks.

6.  Proper organisation structure with retail manager, production manager, logistic manager, supervisors & chefs.

7.  Compulsory GST registered due to turn over above 1 mil.

8.  Hardly, traditional pastries could attain Halal certified as no pork & lard involved thus the secret ingredients and the know how will be most sourced.

9.  With the Halal certification, events at Hotels or major events, wedding etc could be supported by the company.

10.  Increasing equipments to enhance in production due to the demanding orders.

11.  Engaging consultants/packages looking into staffs’ skill/knowledge enhancement.

12.  Having staffs that from day one when business started and others like from 5 to 8 years old with the company.

This year expecting revenue to be double if not triple and another year time to x5 but will be more if we venture to overseas. We can consider to hold a certain number of shares for a reduction in the sales price as to show our confident in this business.

Business Operations
Business Hour:
8am to 10pm
Preferred Skills:
Best to have F&B experiences.
Supporting and Training:
1-3 months
Staff:
15 Local, 11 Foreigners, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
180sqft
Rental Fee:
SGD6,000
Lease Term:
2-3 years
Premises Detai:
Various sizes thus various rental prices and above is just one of the outlet size.
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Fully operational central kitchen and outlets with all the necessary equipments and staffing with the capabilities to expand further even to overseas.
Competition:
Currently, since it is halal certified and also we are doing some R&D into healthier products thus will be pioneer in the pastries world. There other pastries products quite similar but with our strong customer base & trust since we locally handcrafted our products with premium ingredients and food safety adhering to HACCP.
Expansion Potential:
Locally and overseas too either by franchise system if not by the company itself. We can issue regional franchisor to overseas investor with the fee looking at million depending on the country or region potential in expansion. Distribution and supporting of more events will be look into.
Franchise:
Chargeable of franchise fee and monthly royalty including sales of products.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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